Scandal and Volatile Markets
Teach Investors to Diversify

By

Jane J. Kim Dow Jones Newswires

Updated July 3, 2002 12:01 a.m. ET

NEW YORK -- For years, financial planners have been preaching about the virtues of diversification. However, many investors -- especially during the heady tech boom -- failed to follow that advice. Given today's volatile markets and the litany of problems from companies such as Enron Corp. and WorldCom Inc., though, the advice has become even more significant and is gaining converts.